CRX Trade launches Swiss prime brokerage bridging crypto exchanges and Wall Street, as tokenized stock trading surges
CRX Trade, a Swiss institutional prime brokerage operated by RAS Capital GmbH, has launched a platform designed to unify trading across crypto exchanges and traditional Wall Street markets. By leveraging CoinRoutes technology, the platform allows hedge funds and trading firms to utilize a single pool of collateral, including bitcoin, stablecoins, and tokenized gold, to trade across ten venues such as Nasdaq, CME Group, and various crypto exchanges. This infrastructure addresses the historical inefficiency where institutions were forced to maintain fragmented accounts and separate risk systems for digital and traditional assets. The platform provides a unified framework for execution, custody, and risk management, enabling clients to execute trades across different venues as a single order. This development marks a significant step in bridging the gap between digital asset liquidity and traditional financial markets. By integrating tokenized assets into a prime brokerage model, CRX Trade aims to streamline capital efficiency for professional investors. The platform is currently available exclusively to institutional and professional clients, reflecting the growing demand for integrated multi-asset trading solutions.